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Selena | USDJPY–Japenese Yen |Demand Hold After CHoCH |BUY SETUP

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USDJPY
Selena | USDJPY 1H–Bullish Reversal Setup Toward 157.800 Target

After breaking the previous internal bearish structure (CHoCH), price continued higher and formed higher highs and higher lows inside an ascending channel. A liquidity sweep below the channel followed by strong rejection suggests smart money accumulation. Price is now reacting from demand, favoring continuation toward upside liquidity and previous highs.

Key Scenarios

✅ Bullish Case 🚀
As long as price holds above the marked demand zone and channel support, continuation toward upper channel resistance and external liquidity remains the primary bias.
🎯 Target 1: Channel high
🎯 Target 2: Previous high / buy-side liquidity
🎯 Target 3: Trendline extension
Selena | USDJPY | 2H – Institutional Demand Reaction Zone

❌ Bearish Case 📉
A clean breakdown and close below the demand zone and channel support would invalidate the bullish continuation and expose price to deeper retracement.

Current Levels to Watch

Resistance 🔴: 157.20 – 157.70
Support 🟢: Demand zone + channel base

⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice.
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